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Aiteo Group's Overview

Total employees174
HeadquartersLagos
Founded2008

Aiteo Group is one of Africa's fastest-growing integrated energy companies. Headquartered in Nigeria, Aiteo focuses on exploring, producing, and marketing oil and gas. The company plays a significant role in Nigeria's energy sector, notably through its operation of Oil Mining Lease (OML) 29. Aiteo aims to be a benchmark for indigenous oil and gas companies in Africa, emphasizing sustainable development, community engagement, and operational excellence. They are involved in various aspects of the energy value chain, from upstream exploration and production to downstream marketing and distribution.

Where is Aiteo Group's Headquarters?

HQ Function

The headquarters serves as the central hub for Aiteo's executive leadership, strategic planning, corporate finance, legal affairs, and global operations management.

Notable Features:

The Aiteo Group headquarters building is a modern architectural structure, often noted for its contemporary design and strategic location within Lagos's commercial hub. It is designed to support a collaborative and efficient workforce.

Work Culture:

The work culture at Aiteo HQ is described as dynamic, fast-paced, and results-oriented, reflecting the nature of the energy industry. There's an emphasis on innovation, local content development, and fostering Nigerian talent.

HQ Significance:

The headquarters is significant as it symbolizes Aiteo's position as a leading indigenous player in the African energy sector, directing major investments and operations from this central point.

Values Reflected in HQ: The headquarters reflects Aiteo's values of ambition, excellence, indigenous capacity building, and commitment to contributing to Nigeria's economic growth.

Location:

While Aiteo Group's core operational footprint is heavily concentrated in Nigeria and West Africa, its business activities, including financing, partnerships, and commodity trading, necessitate a global outlook. Functions supported include strategic sourcing of technology and services, international stakeholder engagement, and accessing global financial markets. Their primary focus remains on expanding energy asset development and production within Africa.

Street Address:

13A, A. J. Marinho Drive, Victoria Island

City:

Lagos

State/Province:

Lagos State

Country:

Nigeria

Aiteo Group's Global Presence

Port Harcourt, Rivers State/Nigeria

Address: Aiteo Eastern E&P Company Ltd, Trans Amadi Industrial Layout, Port Harcourt, Rivers State, Nigeria (Specific plot numbers vary for operational bases)

To directly oversee and manage oil and gas exploration, production, and asset integrity in the Niger Delta, ensuring efficient operations and engagement with local communities.

Abuja, FCT/Nigeria

Address: Plot 1079, Umar Shuaibu Street, Off M.L. Wushishi Street, Utako District, Abuja, Nigeria

To facilitate government relations, policy advocacy, and strategic partnerships at the federal level.

Buying Intent Signals for Aiteo Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Aiteo Group

As of April 2025, Aiteo Group' leadership includes:

Benedict Peters - Founder and Executive Vice Chairman
Victor Okoronkwo - Group Managing Director (GMD) - Aiteo Eastern E&P (Note: Leadership can change; this was a prominent recent GMD)
Mitchell Elegbe - Non-Executive Director (Example of board member, verify current board for full list)

Investors of Aiteo Group

Aiteo Group has been backed by several prominent investors over the years, including:

Primarily privately held by Benedict Peters and associates.
Debt financing from various Nigerian and international financial institutions (e.g., consortium of banks for OML 29 acquisition).

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Publicly available information on specific executive hires or exits at Aiteo Group in the last 12 months is limited. Major leadership changes are typically announced via official press releases. The company maintains a stable core leadership team.

Technology (Tech Stack) used by Aiteo Group

Discover the tools Aiteo Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Aiteo Group Email Formats and Examples

Aiteo Group likely utilizes common corporate email formats. The most probable format is a combination of the employee's first initial and last name, or first name.last name, followed by '@aiteogroup.com'.

[first_initial][last]@aiteogroup.com

Format

bpeters@aiteogroup.com

Example

70%

Success rate

News and media

The Guardian NigeriaMay 7, 2024

Aiteo denies involvement in illegal bunkering, oil theft

Aiteo Eastern Exploration and Production Company (AEEPCO) has refuted allegations of its involvement in crude oil theft and illegal bunkering activities at its Nembe operational base....more

ThisDay LiveFebruary 19, 2024

Aiteo Refutes Media Report on Alleged Sale of OML 29

Aiteo Eastern E&P Co. Ltd. strongly refuted media reports suggesting the company was considering selling its stake in Oil Mining Lease (OML) 29, emphasizing its commitment to the asset....more

Premium Times NigeriaOctober 2, 2023

Oil Spill: Aiteo shuts Nembe Creek Trunkline operations

Aiteo Eastern Exploration and Production Company announced the shutdown of its Nembe Creek Trunkline (NCTL) in Bayelsa State due to an oil spill, to prevent further environmental impact....more

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